This may be unpopular opinion, but China is constantly talking about people-to-people exchanges, and how it brings greater understanding to one another. China will learn a lot from Ursula and Baerbock, but perhaps they will learn something unexpected in China also.
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- Thread starter bd popeye
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They are probably going to spend 20 mins on lecturing to China about XYZ for the journalists. Then spend the next 8-12 hours on more serious talks.A truly bizarre sight.
Like what the hell they want?
China does not want to listen to your damn lecture from aboard.
Now you want to come to China to deliver that lecture directly?
That is why China is letting come. To see how stupid they really are.
Because they know that it's the BASF, Mercedes Benz, Airbus, and Bordeaux wineries that sustains their 'garden'. Not Zelensky, Western values, or human rights.
Losing cheap Russian energy is bad. But losing the Chinese market is magnitudes even worse. If the US and Indian market could replace the Chinese market, they wouldn't bother stepping into the dragon's den.
I hope that the Chinese can turn the screws on them this time. If any one of them comes to lecture Xi Jinping. They get less deals to close. They get less time to meet with him. Anyone who brings up Taiwan can just pack up and leave straight away. Shut up and get down to business, or risk returning home empty handed.
The only thing those honorary Americans will learn is that China won’t bend down and attack Russia.
Let's be honest, I think China's government definitely wants the yuan to replace or considerably strengthen against the dollar, at least to a very large extent, in the coming years. They made it clear in a form of numerous statements from various institutions and then direct actions that followed. It is because China can't achieve common prosperity, one of the quintessential party goals, without doing it, any time soon, I mean in decades, or if ever. And not everything regarding common prosperity is about money, meaning the crude size of people's paychecks, it's also about what kind of jobs people perform. This will all increase the party's standing and legitimacy (positive feelings) amongst the people. They want for their citizens to get more money, but also work better, easier, more engaging jobs than simply factory work. Look how the US has all those influencers, marketers, salespeople, etc. That is the true standard of living, easier jobs, and purchasing power for the common populace.
Yuan must be stronger, allowing China's Central Bank to print it more safely, lower interest rates, and give it to the government on social programs, and infrastructure, hence injecting more money into citizens' pockets in that way. Making them wealthier and making their economy more service-based, and more consumption-driven, so they can work less hard jobs in factories, and do less demanding kinds of jobs while simultaneously getting more money for that. However, this is mostly about low-end industrial, manufacturing jobs as they bring the lowest salaries and are the hardest to work at, China will probably relocate all of that to its allies and iron friends when that happens. I mean when the yuan manages to overthrow the dollar to a large extent. To ASEAN, Africa, Latin America, and other developing countries across the world. That's how China will manage to keep their eyes closed when it dethrones the dollar, and get them all to accept the yuan. It will get have more political power over them in that way, so not everything is lost. Just imagine the clout the Chinese government will have at that time, the queue will be endless. Imagine those FDI agreements' potential and the Chinese middle-income market in the eyes of those countries. At that time China will truly become the center of the world in every kind of way.
Meanwhile, they will keep the high-end manufacturing which won't be affected much by yuan internalization and appreciation. They learned a history lesson of how the US is collapsing and will disintegrate if they put all of their eggs into one basket, and just live in service-based and consumption-driven economic activity. But, China won't allow that, China is smarter, has 5000 years of civilization history as opposed to the US 250 years long history, and China has the means to make sure that it actually controls any of its large corporations, that it wants, and China has legal and sociological leverage over them as they are an autocracy as opposed to the American democratic oligarchy in which the US corporations control the government for example. In China, it's the opposite, the government controls its corporation. And high-end manufacturing is mostly about innovation, education, and intelligence, better salaries, and is more engaging, than low-end production. China will keep the high-end manufacturing sector, it will be immune to yuan appreciation before there is less supply of those products in the world, therefore it will still be sold internationally despite the yuan's stronger exchange rate. China also has the best infrastructure and political system in the world, and R&D will remain in China alongside high-quality production just due to those benefits mainly. But, China's government could also blackmail and potentially ban Chinese companies that want to relocate abroad, and form its domestic market, at that time the strongest in the world, unlike the cuck America in which the corporations control political parties through their lobbying and election interference. America's high-end manufacturing also fled the country, but China's won't. China won't allow their South Koreas, Germanies, and Japans to form like US.
Therefore, to make everything clear, I think China's economic model for the future will be service-based + only high-end manufacturing. I think only with this approach, China can truly transform its 1.4 billion people population into a truly wealthy society. As for how the de-dollarization and yuanization will play out, we see it today. China lessening banking regulations, giving more and more offshore yuan clearing and settlement permission to banks in various countries, increasing circulation of yuan, lessening pegging to the dollar, internationalizing its banks, more government-to-government trade agreements in yuan, more loans in yuan, more other offshore financial and banking services offered in yuan, leveraging its position to get more third-party cross-border trade to happen in yuan, getting more countries to hold yuan in their central bank reserves, more sovereign funds to hold Chinese yuan, promoting CIPS, e-yuan, etc. It's all happening now. China is even doing its own mini version of petroyuan with Russia, and possibly Saudi Arabia and others. And not to your point, China doesn't care if this will all upset Western feelings. They have their own country to run and they don't give a damn about their feelings. If the US and the EU collapse due to hyperinflation due to their currency devaluation, then it's even better for China. It's their mistakes that they run their economies like Ponzi schemes for decades basically. They are also today enemies of China in all aspects. Just to be clear, China has a way more efficient system, and they could always restart low-end production too if a similar situation like a de-yuanization occurs, they have a way more effective leadership. But the West can't do that. China will do currency internalization right, by studying their mistakes, just like China did the Leninist government right after studying USSR's mistakes.
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I get the feeling the senorita may not even want to leave China -
once you look at trend line of Finish-China trade data . The imports accelerated from China around 2021. this Ukraine conflict masked the true post covid impact. factories in Europe if closed much later in 2022 as Gas was flowing to Germany through summer of 2022 and still flowing through Ukraine and South Stream on long term contracts. that energy impacts will come much later if any. i am sure there is reason when Israeli clinic in Moscow was banned from importing vaccine from Israel.
Trade is already one sided. there is little prospect more deals that will be favorable to China.
Europe is increasingly exporting inflation not physical volume of goods. This thing is forcing so many countries to flock to China. I am sure even Saudis knows if they keep importing European made automobiles they are going to pay through nose on replacement parts and tires dealing with desert heat.
if you go much granular level. This person videos were previously watched by City Mayor and The newspaper of the city as he was pointing out the decline and he came back 7 months later and not much improvement. This place near dusseldorf. underlying demographic change will not support standard of living.
The dirty CIA must know something.
This is what they do apparently, and that is commission their own private opinion poll taking.
Maybe their dirty CIA popular opinion polls done on the Taiwan populace, shows that Tsai is done.
We can try to make it look like she defected to China. We can stuff her mouth with "appreciation of China's effort in Ukraine crisis" and high profile reception and warm words. She can deny but it is up to Beiden to believe her. The more paranoid and suspicious a person the lesser he would trust anyone even his bxxxh.
Isn't paranoia and suspicion a key trait of dictators afraid of losing power?